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| View Poll Results: Which Section? | |||
| I draw my SR levels by hand |
   
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27 | 56.25% |
| My SR levels are draw by some indicator |
  
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18 | 37.50% |
| Other. My answer is not listed above. |
  
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3 | 6.25% |
| Voters: 48. You may not vote on this poll | |||
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LinkBack (45) | Thread Tools | Display Modes |
07-13-2007, 12:53 AM
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bubble:take a look at this 1hr chart on cable.
See how previous res. became sup. at the 1400 gmt pinbar and then previous sup became res at the 1600,1700 and 1800 gmt bars. If the 2.0278 sup. is taken out do you forsee a possible fall to 2.0187? (previous res. now possible sup. on 4hr chart) The 1hr sup/res lines are minor compared to the 4hr lines. What is your opinion?     
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07-13-2007, 02:58 PM
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Thanks for posting the article, Bubble...good confirmation of what you're saying here. Like you mentioned from the get go, it's difficult to find good, detailed information on this topic.
I find your chart analysis most valuable. Cheers
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07-15-2007, 02:48 AM
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Quote:
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07-15-2007, 07:05 AM
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Blow Off Trend
Hi Bubble,
Have just read your thread and I must say it's a breath of fresh air. I was getting very tired of trying all of those indicators that just lag behind price action. I'm just trying to identify some of the trend types and wanted to know if I've correctly identified a Blow Off Trend. I've included 2 pictures. Are they both correctly indentified? Also, once you've placed you 3 blank indicators onto your chart do you adjust the screen with the bars in it to make it larger or do you just leave it as is to get the same view as you have on your screen? Last edited by downunderdave40; 07-15-2007 at 01:36 PM. Reason: edit
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07-17-2007, 12:39 PM
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Bubble,
What is that tight range from 43 - 52, what does that represent? I can see that price does fall back into this very tight range, whatever that is, and turns but could you please explain more. I really haven't got a clue what that represents. Cheers, Steve Last edited by steveshutts; 07-17-2007 at 12:44 PM.
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07-17-2007, 08:01 PM
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Bubble,
How can we try to understand this more. I don't know how you can come up with such tiny ranges for which you take an entry from. There must be some way of explaining this? I know you are looking at price retracing to a certain extent back into the previous range but how do you calculate these? I don't think by simply showing these charts i am going to learn anything. Cheers, Steve
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